re: beware the one liners on tas stainless...eden is a wholly owned entity of TAS
Wholly owned
Even if they spin it off...s/holders in tas have to be a beneficiary
Seems you are a touch paranoid about something but i'm not sure what
As for the 1.2 mill shares I read it as going to subscribers yet to be decided - depending on application
Its only for a set amount and certainly one wouldnt think for a significant portion of the co
EDEN ENERGY LTD (“Eden”)
Eden has agreed to issue 1,200,000 shares at an issue price of 10 cents per share, together with
one free attaching option to acquire fully paid ordinary shares at 20 cents per share on or before
30 September 2009 for every 2 shares applied for in Eden, to raise a total of $120,000. These
funds, in addition to further funds to be subscribed by the Company, and any further seed capital
funds which are raised in Eden, will be used to fund its various energy investments and to finance
the preparation of a prospectus for Eden.
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great indication, page-38
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